Chap 5
split limits for Va
what is turdy siddy dwenty
(30/60/20)
a coverage seen on ho5 policies but not ho3
What is
A form of insurance where one insurance company will indemnify another
when is Reinsurance
The coverage received when you hit a living thing
what is a life sentence because it was 1st degree manslaughter
(OTC)
misrepresenting a policy with the intentions of inducing a policy owner to change an existing policy
Twisting
auto policy I get after a DUI conviction
FR-44
one party is responsible for the actions of others
why did I sign up for this
(vicarious liability)
showing financial responsibility by providing 80k to the DMV
what is tax evasion? (no seriously I am afraid I have been doing it accidentally)
(what is a surety bond)
a contract in which only one of the parties is legally bound by a promise
where is a unilateral contract
Coverage offered to new policy holders will be automatically applied to all current policy holders
what is liberalization clause?
Did You think I was gonna make a joke here?
jokes on me for signing up for this
A wrongful act or violation of someone's rights that leads to legal liability
Tort